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Data a 'new form of wealth', needs to be taken into account: India

US firms like Google, Mastercard, Visa and Amazon have lobbied against data localisation rules around the world including India

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Press Trust of India Osaka
Data is a "new form of wealth" and it needs to take into account the requirements of developing countries, India said on Friday even as President Donald Trump opposed data localisation and policies restricting the digital trade.

US firms like Google, Mastercard, Visa and Amazon have lobbied against data localisation rules around the world including India.

Addressing a press conference after Prime Minister Narendra Modi met Trump here on the sidelines of the G20 Summit, Foreign Secretary Vijay Gokhale said that India recognises the importance of the interface between trade and the digital economy.

 "We also affirm

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First Published: Jun 28 2019 | 11:01 PM IST

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